The government said that the GST revenues were above Rs 1 trillion for the last six months and a steep increasing trend over this period are clear indicators of rapid economic recovery post pandemic v At nearly Rs 1.24 trillion, the goods and services tax (GST) revenue collections in March 2021 were the highest since the tax system’s introduction in July 2017, government said on Thursday. Also, the collections were up 27 per cent when compared with the year-ago period. The government said that the GST revenues were above Rs 1 trillion for the last six months and a steep increasing trend over this period are clear indicators of rapid economic recovery post pandemic. “Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, Income-tax and Customs IT systems and effective tax administration have also contributed to the steady increase in tax revenue over last few months,” it said. Of the total revenue collected, CGST is Rs 22,973 cr...